The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK public sector net cash requirement posted a deficit in October
In the UK, public finances (public sector net cash requirement) has reported a deficit £4.00 billion in October, as compared to a revised surplus of £15.40 billion in the previous month.
UK public sector net borrowing reported a surplus in October
The public sector net borrowing (excluding temporary effects of financial interventions) has posted a surplus £8.20 billion in October, in the UK, as compared to a revised surplus of £9.10 billion in the prior month. Markets were anticipating public sector net borrowing to report a surplus of £6.00 billion.
UK public sector net borrowing reported a surplus in October
The public sector net borrowing has reported a surplus £7.50 billion in October, in the UK, following a revised surplus of £8.30 billion in the prior month. Market expectation was for public sector net borrowing to post a surplus of £5.30 billion.
Euro-zone consumer confidence index climbed in November
In November, the preliminary consumer confidence index in the Euro-zone climbed to -6.00, compared to market expectations of a rise to a level of -7.50. In the prior month, the consumer confidence index had recorded a reading of -7.70.
German PPI declined more than expected in October
On a YoY basis in Germany, the producer price index (PPI) dropped 2.30% in October, more than market expectations for a fall of 2.00%. The PPI had dropped 2.10% in the prior month.
German PPI fell more than expected in October
The PPI recorded a drop of 0.40% on a monthly basis in October, in Germany, compared to a similar fall in the prior month. Market anticipation was for the PPI to fall 0.20%.
US Kansas City Fed manufacturing activity index climbed in November
The Kansas City Fed manufacturing activity index rose to a level of 1.00 in November, in the US, higher than market expectations of an advance to 0.00. The Kansas City Fed manufacturing activity index had registered a reading of -1.00 in the prior month.
Canadian CPI advanced surprisingly in October
In October, the consumer price index (CPI) unexpectedly rose by, on monthly basis, to a level of 127.20 in Canada, higher than market expectations of 127.10. The CPI had registered a reading of 127.10 in the prior month.
Canadian retail sales (ex-autos) declined more than expected in September
In September, on a monthly basis, retail sales (ex-autos) in Canada registered a drop of 0.50%, more than market expectations for a drop of 0.40%. In the prior month, retail sales (ex-autos) had registered a flat reading.
Canadian CPI advanced more than expected in October
The seasonally adjusted CPI in Canada climbed 0.20% on a monthly basis in October, higher than market expectations for an advance of 0.10%. CPI had registered a drop of 0.20% in the previous month.
Canadian core CPI rose as expected in October
In Canada, the seasonally adjusted core CPI registered a rise of 0.20% in October on a monthly basis, in line with market expectations. In the prior month, core CPI had recorded a rise of 0.10%.
Canadian CPI advanced as expected in October
On a MoM basis, in Canada, the CPI rose 0.10% in October, compared to a fall of 0.20% in the previous month. Markets were anticipating the CPI to rise 0.10%.
Canadian retail sales surprisingly fell in September
Retail sales in Canada unexpectedly dropped 0.50% in September on a MoM basis, compared to an advance of 0.50% in the prior month. Markets were anticipating retail sales to advance 0.10%.
Canadian core CPI advanced more than expected in October
The core CPI in Canada recorded a rise of 0.30% in October on a monthly basis, higher than market expectations for an advance of 0.20%. In the previous month, the core CPI had registered a rise of 0.20%.
Japanese convenience store sales registered a rise in October
Convenience store sales in Japan advanced 2.50% in October on a YoY basis. In the previous month, convenience store sales had registered a rise of 1.30%.
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